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Notable Put Options Activity in IAMGOLD

Shares of IAMGOLD (NYSE: IAG) are lower on the session by 2.54%, currently trading at $21.13. The stock has been moving largely higher over the past three months and is currently trading above the 50-day moving average.

Options traders are focusing on puts today. A short while ago the January 2012 $21.00 put traded 780 times on open interest of 200 contracts.

Put volume is outpacing call volume 3 to 1.

IAMGOLD Corporation is engaged primarily in the exploration for, and the development and production of, mineral resource properties throughout the world.